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Car insurers to make pay monthly cheaper and fairer after warning about 'poor product'

Car premium finance is a form of loan that lets consumers pay for car insurance in intervals, normally monthly, rather than yearly. But doing so means paying extra.

United-kingdom , British , Peugeot , Association-of-british-insurers , Financial-conduct-authority , British-insurers , Matt-brewis , Mervyn-skeet ,

ABI unveils financial inclusion strategy

The Association of British Insurers has unveiled a financial inclusion strategy, which commits to addressing “unfavourable” premium finance practices and

United-kingdom , British , Association-of-british-insurers , British-insurers , Matt-brewis , Ssociation-of-british-insurers-abi- , Inancial-conduct-authority-fca- , Iversity , Otor-personal , Ental-health , Nclusion

Blog: Does size matter when it comes to complaining about the regulator?

With the Consumer Duty kicking in under a year ago, regulation continues to be at the forefront of everyone’s minds, with the cost of compliance comparably

United-kingdom , British , Mathew-rutter , Nisha-arora , Rosie-simms , Broker-wellbeing , Association-of-british-insurers , Consumer-duty , Broker-wellbeing-survey , British-insurers , Matt-brewis , United-kingdom-uk-

Insurance is becoming more of a 'rip-off' and people are being charged more, MPs hear

A lack of transparency around insurance is driving low trust levels, a committee of MPs were told

United-kingdom , British , Rocio-concha , Charlotte-clark , Colm-holmes , Association-of-british-insurer , Financial-conduct-authority , Treasury-committee , Allianz , Dame-angela-eagle , Citizens-advice , British-insurer

FCA's Brewis warns MPs premium finance action could have 'waterbed effect' for consumers

FCA's Brewis warns MPs premium finance action could have 'waterbed effect' for consumers
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Financial-conduct-authority , Treasury-committee , Matt-brewis , Finance-treasury-committee ,

FCA tells motor finance firms to hang onto cash

The Financial Conduct Authority has warned motor finance firms to keep hold of enough capital to deal with the results of its ongoing probe into discretionary

Darren-richards , Financial-conduct-authority , Insurance-post , Matt-brewis , Financial-conduct-authority-fca- , Remium-finance , Otor , Ews ,

Pricing practices news and analysis articles

Latest Pricing practices articles for insurance, broker and risk management professionals

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Motor insurers warned about political and regulatory intervention

Motor insurers stand on the precipice of a possible explosion in complaints relating to essentials and value policies. And if the industry does not act it

James-daly , Catherine-carey , Post-claims-club , Consumer-duty , Financial-ombudsman , Matt-brewis , Financial-conduct-authority-fca- , Laims-club , Omparison-sites , Ual-pricing , Otor

Could premium finance face Gap-like FCA action?

After the Financial Conduct Authority’s Matt Brewis labelled premium finance a “poor product”, Scott McGee examines if the industry has done enough to defend

Scott-mcgee , Financial-conduct-authority-matt-brewis , Financial-conduct-authority , Matt-brewis , Insurance-post , Admiral , Irect-line-group , Remium-finance , Ggregators , Ommission-disclosure , Ompliance , Ome-insurance

ABI outlines plan to slash motor insurance premiums

The Association of British Insurers has unveiled steps the industry will take to bring down motor insurance premiums after the cost of cover soared by 25% in

London , City-of , United-kingdom , British , Louise-haigh , Centre-in-westminster , Association-of-british-insurers , National-police , Financial-conduct-authority , Group-rating , Young , British-insurers